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Don't guess randomly when bottoming out Bitcoin! "This indicator" has accurately identified the bottom of previous bear markets.

The article discusses the "bottom-fishing" strategy in the cryptocurrency market and introduces an on-chain indicator called "Bitcoin Profit and Loss Supply," which can help investors identify market bottoms. When the supply of profitable and loss-making Bitcoins approaches balance, it typically signals the formation of a bear market bottom. Currently, data shows that these two are converging, and historical crossovers have accurately predicted market rebounds multiple times.

Cardano Faces Resistance as ADA Price Drops Below $0.26

Key Insights: Cardano’s price struggles as it drops below $0.26, maintaining a bearish outlook as moving averages turn into resistance. Open interest in Cardano rises slightly, indicating traders are rebuilding positions at lower levels amid declining market participation. Continued

Pompliano reminds investors: Bitcoin's value test is approaching. Can cooling inflation support holding positions?

February 14 News, Bitcoin entrepreneur Anthony Pompliano recently stated that as inflation data recedes, Bitcoin investors face the challenge of reassessing their reasons for holding. Pompliano pointed out on Fox Business that the value of Bitcoin lies in its limited supply, and when governments increase money issuance, Bitcoin prices tend to rise. He believes that, like gold, Bitcoin is a preferred long-term investment asset, but during periods of weakening inflation, investors may need to consider their holdings more cautiously. According to data from the U.S. Bureau of Labor Statistics, the Consumer Price Index (CPI) in January decreased from 2.7% in December to 2.4%. Moody’s Chief Economist Mark Zandi warned that headline inflation data might be lower than actual experience, implying that market demand for inflation-hedging assets like Bitcoin could be affected in the short term. Pompliano stated that the macroeconomic environment will continue to influence Bitcoin price fluctuations, which he calls the “currency slingshot effect”—the short-term deflation masking the dollar’s devaluation trend, leading investors to pay more attention to Bitcoin’s value preservation function in the future.

Say goodbye to the digital gold myth. When will Bitcoin recover along with software stocks?

Bloomberg analysts point out that Bitcoin is gradually no longer viewed as "digital gold," but rather more like high-volatility software stocks. Analysis shows that Bitcoin's price movements differ from gold, and its volatility far exceeds that of gold. As capital flows back into software stocks, Bitcoin has experienced outflows. The future trend will still depend on market sentiment and liquidity.

Institution: Bitcoin Still Faces Further Downside Risk, Deep Bear Market Could See Prices Halve Again

Ned Davis Research analysts believe that Bitcoin still faces downside risk after a large-scale sell-off, with a potential decline of 70%-75%, possibly dropping to $31,000. However, more institutional buyers at present could provide stability to the price, and a winter is not necessarily inevitable.

Bottoming out and aiming for a rebound by the end of the year! Standard Chartered predicts: Bitcoin may drop to $50,000, and Ethereum could fall to $1,400

Standard Chartered Bank has revised down its short-term outlook for the cryptocurrency market, predicting a potential wave of sell-offs in the coming months but remaining optimistic about a rebound by the end of the year. The Bitcoin target price has been lowered to $100,000, and Ethereum to $4,000, citing low confidence among ETF investors and economic uncertainties affecting market sentiment. Although the short-term outlook is bearish, the long-term market resilience remains positive.